Is it a negative indicator if a stock crosses its bottom bollinger band?

[moosegoose47]

I am a new investor and have been looking at the stock Volcom (VLCM). I bought in a while ago and i have noticed a decline from $27 to $22. I was wondering if the crossing on the bottom bollinger bar was a bad sign for the future. Thanks.

[Kiker]

Generally a Boilenger band hit isnt a negative thing when it touches the bottom band. There are other indicators you need to use as well, that would indicate to you if the price is going to bounce off of this lower band or not.
I don't use BBs simply because they are too hit or miss...and there is really no rhyme or reason to them, as it is the fundamentals of a stock and the market that will have the greatest impact on a stock price...never the chart...BUT, I live off charts for Forex..
In this situation, I use Pivot points established from the day prior's high, low and close (a yahoo search will give you a million pivot point calculators...so use them). In this situation, lets say your stock is coming from the PP to the S1 (the first support line). There is never anyway of telling if it will break thru or not. NO ONE can tell you this...but this is a little trick I learned...
BOB/COB.
Break out Bar means the candlestick broke through the Support line, and closed on the opposite side. If it broke but didn't close on the opposite side, than the support held and you will have a rebound. If it broke and closed to the opposite side you NEVER consider that a done deal. Now you need COB.
Confirmation of Breakout. For that you look to the NEXT candlestick. It will have opened on the other side, but you want to see if it CLOSES on the other side. If it does, than the support failed and the price is heading to the S2, the second support. If it closes on the inside of the support, than this is an offical break and the price will either float along the bottom until it gets a BOB/COB, or it will rebound the PP or R1.
Hope this helped.
Good Luck!!

[Hermoderus]

I feel obligated to point out that technical analysis is regarded as little better than astrology by the large majority of practicing professionals and essentially all academic researchers. Good luck, though.